KARACHI: The M/s Berger Paints Pakistan Limited Lahore has moved the Sindh High Court (SHC), challenging assessment of consignment of epoxy resin under Valuation Ruling Number 1278/2018 dated 29/03/2018.
Counsel for the petitioner stated in its constitutional petition filed on Thursday that petitioner is a sole proprietor engaged in the import of the epoxy resin as raw material for paint pheno lic resin, polyurethane resin, melamine resin in the brand name of M/s Berger Paint Pakistan Limited and petitioner is seriously aggrieved and highly prejudiced by the actions of the respondents. The respondent is assessing the above-mentioned consignment duty and taxes on the basis of the Valuation Ruling No 1278/ 2018 issued by Director of Customs Valuation, despite the fact that the impugned valuation ruling is not sustainable under the law and has accordingly been challenged by the petitioner under Section 25-D of the act, he added.
Citing Chairman Federal Board of Revenue, the Chief Collector of Customs South, Customs Collectorate, the Collector of Customs Customs Collectorate West, Karachi, the Director General of Directorate General of Customs Valuation as respondents, he pleaded the court to declare that act of the respondents illegal, mala-fide and arbitrary.
Importer also pleaded the court to set aside impugned valuation and restrain them for assessing the above-mentioned consignment under the said valuation and also restrain them from taking any coercive action against the petitioner till final order in this petition.
